Funding you earn now, next payment 04:00 UTC−0.2620%/8h= −286.9% APRpaid last 24h −0.027%
Price spread now: MEXC against Kraken Futures−0.629%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$79 a day on $10k at the current rate, and MEXC is 0.629% cheaper against Kraken Futures than usual: you would sell low and buy high (−$63 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_API3USD | 0.2634 | 0.2720 | pay 0.0340% / 1h | 28m 44s | $13K | $3K | 10x |
| Short | MEXC API3_USDT | 0.2617 | 0.0100 | get 0.0050% / 4h | 28m 44s | $464K | $274K | 50x |
Kraken Futures PF_API3USD
MEXC API3_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Kraken Futures. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$550.22
- Price spread: −0.629% → 0.000%
- −$62.86
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$631.08
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; MEXC: live order book, 21 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 21 min ago | 1.92 bp | 11.7 bp −$12 | 43.0 bp −$430 | 126.4 bp −$12.6K | 261.4 bp −$130.7K |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
API3 on 12 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin API3-USDT | +0.0096% | 4h | 0.2619 | −0.553% | $135K | $28K | 50x | as long as short |
| Aster API3USDT | +0.0100% | 4h | 0.2614 | −0.738% | $2K | $3K | 5x | as long as short |
| Binance API3USDT | +0.0100% | 4h | 0.2617 | −0.629% | $2.6M | $2.0M | 50x | as long as short |
| Bybit API3USDT | +0.0100% | 4h | 0.2620 | −0.515% | $987K | $415K | 25x | as long as short |
| OKX API3-USDT-SWAP | +0.0100% | 4h | 0.2616 | −0.667% | $650K | $508K | 10x | as long as short |
| Gate API3_USDT | +0.0100% | 8h | 0.2621 | −0.477% | $126K | $113K | 50x | as long as short |
| MEXC API3_USDTshort | +0.0100% | 4h | 0.2617 | −0.629% | $464K | $274K | 50x | |
| KuCoin API3USDTM | +0.0100% | 4h | 0.2617 | −0.629% | $1.0M | $245K | 30x | as long as short |
| Bitget API3USDT | +0.0100% | 4h | 0.2614 | −0.743% | $649K | $204K | 20x | as long as short |
| BingX API3-USDT | +0.0100% | 4h | 0.2615 | −0.705% | — | $6.7M | — | as long as short |
BloFin API3-USDT
Aster API3USDT
Binance API3USDT
Bybit API3USDT
OKX API3-USDT-SWAP
Gate API3_USDT
KuCoin API3USDTM
Bitget API3USDT
BingX API3-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni API3 | +0.0100% | 4h | 0.2619 | −0.570% | $6K | $1 | — | as long as short |
| Kraken Futures PF_API3USDlong | +0.2720% | 1h | 0.2634 | long leg | $13K | $3K | 10x |
Variational Omni API3